NEWS
Informa Lowers US Wheat Forecast
Wed Jun 5, 2013 11:59 AM CDT

CHICAGO (Dow Jones) -- Private analytical company Informa Economics estimated U.S. winter wheat production for 2013 at 1.494 billion bushels, down from the firm's May forecast of 1.529 billion, trade sources said Wednesday.

By class, Informa pegged U.S. production of hard red winter wheat at 778 million bushels, 2.5% below the firm's May estimate, but 9.6 million above the U.S. Department of Agriculture's May forecast. Hard red winter wheat yields are forecast to average 36.9 bushels per acre, 3.8 bushels per acre below last year.

Soft red winter wheat production is forecast to total 505 million bushels, 3 million below ...

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